THF Secures $50 for Innovative Healthcare Models in Africa

By Modupe Gbadeyanka The medical practitioner who performed surgery on the late 12-year-old Adebola Akin-Bright at the Obitoks Hospital in the Alimosho area of Lagos State, Dr Abayomi Baiyewu, has been described as a quack surgeon. The Chairman of the Lagos State House of Assembly ad-hoc committee with the mandate to investigate the circumstances that led to the disappearance of Adebola’s small intestine, Mr Noheem Adams, said the doctor was not qualified to carry out the exercise. Adebola died on Tuesday at the Lagos State University Teaching Hospital (LASUTH), Ikeja, where he was receiving treatment after he underwent surgery two

By Ifeanyi Onuba The Nigerian Sovereign Investment Authority (NSIA) has convened critical oncology stakeholders and strategic partners at the maiden edition of the NSIA Oncology Summit in Lagos. The move, according to a statement from NSIA on Wednesday, is to drive collaborations amongst partners and improve overall patient outcomes in cancer care. Participants at the Summit included over 200 medical professionals in oncology, over 11 Nigerian tertiary hospitals, as well as over 10 external collaborators from the University of Chicago; American Oncology Institute India; American Society of Clinical Oncology (ASCO); Bio Ventures for Global Health (BVGH); Memorial Sloan Kettering Cancer

By Ifthakaar Shaik The African healthcare industry faces an immediate challenge: a dire shortage of skilled professionals, leading to alarmingly low doctor and nurse-to-population ratios in many countries. Training medical professionals, especially specialists like pathologists or oncologists, is a multi-year-long process. Moreover, foundational education at the primary and secondary levels is crucial to supply tertiary institutions with a stream of candidates equipped with the necessary aptitude, literacy, and numeracy skills to pursue medicine. Recent technological leaps catalysed by the COVID-19 pandemic and expanding telecommunications infrastructure, including ventures like Starlink, have bridged some of the distance between communities in need of

By Aduragbemi Omiyale A 20-man committee has been inaugurated by the Oyo State government to review its public health law to meet current realities and solve health challenges in the state. In a chat with newsmen last Friday, the Permanent Secretary in the Ministry of Health, Dr Olusoji Adeyanju, explained that the move was based on the need to preserve and promote community health continually. The health practitioner, while speaking shortly after the inauguration of the group at the Conference Hall of the Ministry, noted that members were drawn from relevant ministries, agencies, law enforcement agencies, health institutions, and civil

By Modupe Gbadeyanka Analysts at FSDH Research have expressed their expectation for a growth in the banking sector credit to the private sector in 2018. In its latest report, the investment firm said the improvement in the macroeconomic and business environment; improved consumers’ confidence; and the drop in the yields on the Nigerian Treasury Bills (NTBs) are the main drivers of the expected credit growth. FSDH Research recalled that the provisional figure released for Q4, 2017 by the National Bureau of Statistics (NBS) showed that the banking sector credit to the private sector dropped from N16.1 trillion in Q4, 2016

By Dipo Olowookere The $2.5 million Legacy Dollar Bond Fund offering through an Initial Public Offering (IPO) may have come and gone, but outcome of the exercise has continued to excite promoters of the investment scheme. The mutual fund was managed by First City Asset Management Limited (FCAM), a member of the FCMB Group Plc. The IPO was conducted from January 8, 2018 to February 14, 2018 and results showed that subscriptions worth $6.1 million were received from investors, representing 144.4 percent oversubscription. According to a statement issued by FCAM, a total of 67 applications for 6,111,000 units were received

More than 400 delegates from 120 countries met at Nova SBE Campus, Cascais, turning Portugal into a global hub for start-ups and digital innovators on the subject of “Purpose driven digital Innovation.” About 82 international jury members have selected 9 Global Champions 2019 from the 45 WSA winners 2018, awarded by the City of Cascais, the Republic of Austria and UN-representatives at the festive Gala on March 13 at the WSA Global Congress in Cascais. Many people are suffering because they don’t have a chance to health treatment or have access to information, while the industrialised society lacks the integrity

By Adedapo Adesanya The federal government has inaugurated the Nigeria Gas Transportation Network Code (NGTNC) to deepen the growth of the gas market in the country. In a statement, it was disclosed that the Minister of State for Petroleum Resources, Mr Timipre Sylva, disclosed this at the virtual launch of The Go-Live of the Nigerian Gas Transportation Network Code, in Abuja on Monday. He said that following the declaration of 2020 as a year of gas, President Muhammadu Buhari’s administration was driving key policy and regulatory initiatives that would enhance gas reserves growth to support domestic and export project. Mr

By Dipo Olowookere The Lagos State House of Assembly has argued that repealing the law that grants pension and other emoluments to governors and deputies after leaving office would expose them to security risks. This submission was made on Monday when the bill submitted last year by Governor Babajide Sanwo-Olu to repeal the law was read on the floor for a second time. The bill is titled A Bill for a law to repeal the law to provide for the payment of pensions and other fringe benefits to public office holders in Lagos State and for other connected matters. In

By Modupe Gbadeyanka The Nigeria Security and Civil Defence Corps (NSCDC) has directed the immediate deployment of 10,000 personnel in Edo State, ahead of the September 10 governorship election. In a statement issued by the Corps spokesperson, Emmanuel Okeh, on Friday in Abuja, the Commandant General of NSCDC, Abdullahi Muhammadu, said this move was to ensure a hitch-free exercise next Saturday. Mr Muhammadu also ordered the acting Deputy Commandant General, Operations, Mr Hillary Madu, to relocate to Edo State, to coordinate operations for a violent hitch-free election. The statement said Mr Madu would be assisted by two Assistant Commandant Generals

Coinbet24.com was established in 2015 as a bitcoin sportsbook. However, the site added a multitude of additional products for its customers shortly after launch, primarily an online casino and a separate live dealer casino. The company also started featuring alternative deposit methods at Coinbet24.com, which besides Bitcoin, would now include major altcoins, and eWallets as well. Coinbet24.com is fully licensed out of Curacao and there have been no reported incidents of cashout problems or security issues in general. The website has a sportsbook section that offers markets for the most popular sports as well as a live sportsbook section. The

By Modupe Gbadeyanka The need for investors in the stock market to increase their portfolios now that prices are depressed has been emphasised by the FBNQuest research team. At a virtual interactive session with financial journalists recently, the analysts said prices of some stocks in the banking and telecommunications sectors are currently undervalued. According to them, stock market investors can accumulate shares of companies under these sectors and a few others because of their huge future value. “Information drives an investor’s ability to read and monitor the market. We think our research capability sets us apart in the Nigerian market